News

Miracle of Iisalmi is driven by networks enabling companies to benefit from local knowledge chains

Relative to its size, Iisalmi boasts a surprising number of successful companies with global market presence, such as Ponsse, Olvi, Genelec and Normet. This phenomenon has been aptly named as the Miracle of Iisalmi.

Normet is one of Iisalmi’s success stories. Two brothers started a company to manufacture agricultural machinery, which grew into modern-day Normet:

  • One of the world’s leading companies specialising in underground construction 
  • Turnover of EUR 300 million 
  • 1,400 employees worldwide 
  • The Group’s head office, its largest factory and 400 employees are located in Iisalmi

“Iisalmi is the natural place for our largest factory, but not only because of the Group’s history. In this region, more than two thousand people work directly or indirectly in the machinery and equipment business in various companies. This has created a strong cooperation network and a cluster of expertise,” says Heikki Ojala, Vice President, Global Production, Normet Group. 

Engaging educational institutions. Successful businesses need skilled employees, which in turn creates knowledge chains. “Our local vocational college has provided relevant basic-level courses, while Savonia University of Applied Sciences offers engineering studies and soon the University of Eastern Finland will have a Master’s degree in engineering,” says Heikki Ojala. 

“People may be working for us and studying engineering at the same time. For us, this provides internal career rotation and career development, which in turn reinforces the regional knowledge chains,” says Ojala.

A city that is happy to lend support. “Normet had quite ambitious goals to expand its operations in Iisalmi, including some new premises. When we ran out of space on our site, the City helped us find a new site and ensured that the building permit process ran smoothly. Nearby land was even assigned in the local plan for industrial plots for the use of potential future subcontractors,” says Ojala.

“History shows that for decades Iisalmi has been able to grow ideas into success stories and globally acknowledged top products. Why not make more?” he says.

“We’ve thrown crazy ideas at the City but haven’t managed to spook them” – Iisalmi’s attitude receives praise from businesses

Strong roots in Iisalmi Normet Group, a global provider of underground construction solutions, was established in Iisalmi and still occupies a site among the idyllic Finnish lake scenery.

“Although we have operations around the world, in Iisalmi we have a well-founded network of skilled people and subcontractors. Keeping our largest mining machinery plant and a major service centre in Iisalmi has been natural and profitable for us,” says Heikki Ojala, VP, Global Production, Normet Group.

From brainstorming to direct help The City of Iisalmi recognises the value of businesses and the region’s good spirit. “Normet has mainly had cooperation with the City concerning site solutions and land use planning, but we’ve also brainstormed business development ideas. We’ve sat down and thought about how the City could support us if we chose to explore new directions,” says Heikki Ojala.

“For our subcontractors, which are smaller companies, the City’s help is often crucial. The City is also actively involved in development projects, for example in education. In addition to technology experts, we have hired financial administration specialists who have studied at the local educational institutions,” he says.

Unique mindset Normet’s Heikki Ojala says that three characteristics distinguish the Iisalmi region from others:

  1. Encouragement. The region has a business climate that encourages companies.
  2. Openness.  Businesses, the City and educational institutions maintain a straightforward and open dialogue.
  3. Shared ambition. The region and the companies established there are united by their ambition to do things well and keep improving.

“Obviously the basics need to be in order, and many municipalities and cities have managed that. Putting anything else in concrete terms may be difficult, but it is really the spirit of Iisalmi that is most important. There’s nothing like it anywhere else,” says Heikki Ojala.

From its origins in an agricultural machinery plant founded in Iisalmi, Normet has grown into one of the world’s leading companies in underground construction.

The article is written by SLP Growth Community Strategic Partner – City of Iisalmi

Microkatu 1, M-osa
70210 Kuopio

Audra Shallal, Vice President of Corenvest; EBAN

The process of raising money for a business venture begins with a great pitch. The « elevator pitch » is an extremely concise presentation of an entrepreneur's idea, business model, company solution, competitiveness and marketing strategy delivered to potential investors. The workshop, conducted by a seasoned entrepreneur/business angel and an expert in Pitch Coaching, will highlight some of the key steps involved in presenting an effective pitch and will provide attendees with inspiration, effective tools, and increased awareness of the challenge of entrepreneurship in today’s highly competitive business environment.

CONTENT:
x The construction of a powerful one-minute pitch.
x Identification of Key Elements investors require in a 10-minute presentation.
x The process of Fine-Tuning Investor Ready Skills to pitch to investors in the marketplace, engaging them to want to know more about your project and the potential of being interested in possibly investing in your company.

This will close in 0 seconds

Sointu Borg on puhuja, yrittäjä, ekonomi sekä media- ja somepersoona. Isomman yleisön tietoisuuteen hän nousi voitettuaan realityformaatti Diilin vuonna 2021. Soinnun rajoja rikkova ja räiskyvä asenne hakee vertaistaan! Terävä, sensuroimaton ja huumorilla höystetty ulosanti kuuluvat naisen tavaramerkkeihin.Sointu kuuluu tällä hetkellä Suomen kysytyimpiin ja mielipiteitä herättävimpiin henkilöbrändeihin. Hän omaa runsaasti kokemusta juontamisesta, kameran edessä työskentelystä, puhumisesta sekä
esiintymisestä.

This will close in 0 seconds

Join us for an insightful presentation on the important role of teamwork in fostering intellectual property (IP) within growth companies and startups. This session will look at how different roles - from technical to creative to business strategists - each contribute uniquely to IP creation. How technical experts innovate with unique technologies and software, creatives enhance branding and design, and strategists develop game-changing business models and trade secrets. The focus will be on the synergy between these diverse roles and how their collaboration is key to building rich and powerful IP assets. This presentation aims to inspire companies to unlock the full potential of their teams, driving IP success and fostering business growth.

Suvi Julin, Lawyer, Patent Attorney, European Trademark and Design Attorney

Suvi has wide-ranging experience in the field of intellectual property and technology law. She advises clients on a variety of contentious and non-contentious intellectual property matters including trademarks, designs and patents as well as in copyright, contractual, employee invention and privacy matters.

This will close in 0 seconds

Elias Aalto is one of the founders and the original product lead of Wolt. He's also a co-founder of Qvik – a digital agency that has grown organically to over 120 experts. Prior to them, he designed and developed early games on the iOS, claiming the first Apple Design Award in the Nordics for his game Wooden Labyrinth 3D.

After exiting Wolt, Elias has concentrated on bringing up his daughters and dabbling in angel investing. Recently he joined Shark Tank Finland as one of the sharks on the show.

This will close in 0 seconds

Join us at the Kuopio Health Side event @Tahko SLP - where health meets innovation, and opportunities abound! Kuopio Health side event is aimed at investors, startups, entrepreneurs, R2B teams, and of course ecosystem members. The event offers a unique opportunity for networking and making new contacts with actors in the same field. Sit down with investors or exchange ideas with other attendees and hear what's new in the industry.

Side event is open4all, but requires registration: Kuopio Health side event @Tahko SLP - Kuopio Health

 

This will close in 0 seconds

Juho Pesonen is a professor of tourism business and deputy head of the department at University of Eastern Finland Business School. He is a member of the Tourism Business research group and the director of the International Master’s Degree Programme in Tourism Marketing and Management. Prof. Pesonen completed his Ph.D. in marketing at University of Eastern Finland, focusing on market segmentation in rural tourism. Now his research focuses on understanding how tourism businesses can survive and thrive in the digital and sustainability transformations. Prof. Pesonen also has the title of Adjunct Professor of digital marketing at University of Turku. He has widely published his research in dozens of peer-reviewed academic journals and has edited several books in the tourism field. He also holds several board positions in companies and associations.

This will close in 0 seconds

Ohjelma:

12.00 Tervetuloa!
Antti-Jussi Pitkälä, puheenjohtaja, Kuopion alueen kauppakamarin kauppa-, matkailu- ja palveluvaliokunta

12.05 Kasvua kansainvälisestä matkailusta – Markkinat, yhteistyö ja myynti
Heli Saari, Area Manager, Visit Finland

12.25 Pohjois-Savon Matkailu Oy – Maakunnallinen yhteistyö kilpailuetuna
Pekka Vihma, hallituksen puheenjohtaja, Pohjois-Savon Matkailu Oy

12.55 Navitas Yrityspalvelut – TBC
13.10 TBC

13.25 Data kansainvälisen matkailun vauhdittajana
Juho Pesonen, matkailuliiketoiminnan professori, Itä-Suomen Yliopisto

13.40 Kestävä matkailu – Kulttuuriperintömatkailu kansainvälisenä vetovoimatekijänä
Kirsi Piirainen, projektipäällikkö, Iisalmen kaupunki

13.55 Loppuyhteenveto
Antti-Jussi Pitkälä, puheenjohtaja, Kuopion alueen kauppakamarin kauppa-, matkailu- ja palveluvaliokunta

14.00 Tilaisuus päättyy.

This will close in 20 seconds

14.30 Welcome!

14.35 Orion - A short description of the phenomenon

14.40 Pitch 1

14.50 Pitch 2

15.00 Pitch 3

15.10 Pitch 4

15.15 Closing words

This will close in 0 seconds

13.30 Welcome!

13.35 Kemira - A short description of the phenomenon

13.40 Pitch 1

13.50 Pitch 2

14.00 Pitch 3

14.10 Pitch 4

14.15 Closing words

This will close in 0 seconds

Ennakoinnin, markkinatuntemuksen ja käyttäytymisen muutosten ymmärtäminen ovat avainasemassa, kun innovaatiotoimintaan integroidaan sidosryhmiä, uusia teknologioita, käyttäjälähtöistä suunnittelua, datavetoisia tuotteita ja palveluita sekä asiakaskeskeistä strategiaa kestävän kasvun tavoittelemiseksi. Lähestymistapa edellyttää poikkitieteellistä osaamista ja kykyä hyödyntää eri alojen mahdollisuuksia, jotta voidaan kehittää innovaatioita, jotka vastaavat asiakkaiden tarpeisiin ympäristöä ja yhteiskunnallista vastuuta kunnioittaen.

Innovation Practitioners Communityn Antero Kivikoski ja Janne Pulkkinen johdattavat osallistujat tämän hetken keskeisimpiin kysymyksiin innovaatiojohtamisen saralla. Käytännönläheiset esimerkit ja monikulmainen keskustelu tarjoavat tuoreita näkökulmia oman toiminnan kehittämiseen.

Ohjelmassa:
klo 8.45 Kahvit ja verkostoitumista.
klo 9.00 Avauspuheenvuoro – Kuopion alueen kauppakamari ja Itä-Suomen yliopisto
klo 9.10 Innovaatiojohtamisen uusi aika – Innovation Practitioners Community ry Janne Pulkkinen ja Antero Kivikoski
klo 10.50 Päätöspuheenvuoro – Itä-Suomen yliopisto vaikuttavuusjohtaja Minna Hendolin
klo 11.00 Tilaisuus päättyy – Kuopion alueen kauppakamari

Tilaisuus on maksuton ja avoin kaikille aiheesta kiinnostuneille. Workshop on osa Kuopion alueen kauppakamarin Pohjois-Savon elinkeinoelämän TKI-toimintaympäristöselvitys -hanketta (A91005, Etelä-Savon ELY-keskus).

This will close in 0 seconds

How to Rock Your IPO  - Everything You Need to Know about going public

Join us for an insightful conversation with Päivi Pakarinen from EY and Minna Korpi from Nasdaq and learn about the benefits, criteria, challenges, and
preparation of going public. Going public is a major milestone in companies growth path, but it also involves a complex and rigorous process that requires careful planning and execution. If you are interested in learning more about the IPO journey, you are invited to join us for a fireside chat with two experts who will share their insights and experiences on this topic.

  • You will hear from Päivi Pakarinen, IPO Leader at EY Advisory, and Minna Korpi, Director in Listings at Nasdaq Nordic, who will explain the key steps and best practices of going public in the Nordic markets. In this fireside chat, they will discuss the advantages, requirements, challenges, and preparation of the IPO process.
  • Don't miss this opportunity to gain valuable insights from Päivi and Minna, who are both experts in the field of IPOs. They will share their knowledge and tips on how to prepare for and execute a successful public offering.
  • The fireside chat will be held in Finnish

Kuinka menestyä IPO:ssa – kaikki mitä sinun tarvitsee tietää listautumisesta pörssiin Tervetuloa mukaan mielenkiintoiseen ja ajatuksia herättävään keskusteluun EY:n Päivi Pakarisen ja Nasdaqin Minna Korven kanssa ja opi listautumisen hyödyistä, kriteereistä, haasteista sekä valmistautumisesta.
Listautuminen pörssiin on merkittävä virstanpylväs yritysten kasvupolulla, mutta se on myös monitahoinen ja tiukka prosessi, joka vaatii huolellista suunnittelua ja toteutusta. Jos olet kiinnostunut oppimaan lisää IPO-matkasta, tervetuloa kuuntelemaan kahden asiantuntijan näkemyksiä ja kokemuksia aiheesta.

  • Kuulet Päivi Pakarisen, EY:n listautumispalveluista vastaavan partnerin, ja Nasdaq Nordicin asiakkuusjohtaja Minna Korven ajatuksia pörssilistauksen tärkeimmistä vaiheista ja parhaista käytännöistä. Keskustelussa he keskustelevat listautumisprosessin eduista, vaatimuksista, yhtiöiden arvostuksesta, haasteista ja valmistelusta.

This will close in 0 seconds

Student track idea contest is a great opportunity for students and their early-stage business concepts to get sparring and coaching for their business ideas. Top cases will pitch in the final, which will be held in Hophaus Tahkovuori. The best contestants will be rewarded. More about Student track idea contest.

This will close in 0 seconds